Kazakhstan is located on the 19-th place which is a cheap cost of living in the international rating 2017.
The user content portal Numbeo, in its annual cost-of-living rating, compared the indexes of accommodation and the value of products with the indicators in New York. Thus, the cost of living in the republic is 65.75% cheaper than in the American megalopolis, and the rent is lower by 88.77%. The cost of products is only 28.06% of New York prices, and the purchasing power index reaches 40.75%.
The index of the cost of living is measured from the prices in New York. The country rating lists 115 countries. Meanwhile, Russia is located on the 39th place. In this country, the purchasing power reaches 51.11% of the American megacity. Belarus - on the 18th place with data slightly different from Kazakhstan.
The cheapest life was in Pakistan, Egypt and Ukraine. In the latter country, the purchasing power reaches 30.24%. The most expensive countries were Bermuda, Switzerland, Iceland.
Recall, Numbeo is a crowd-sourced global database of reported consumer prices, perceived crime rates, quality of health care, among other statistics.